Seeking Alpha

Direct Line: There Is Better Value Elsewhere

Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...
Seeking Alpha

Direct Line Is Now An Interesting Value Play

Direct Line's recent operating performance has improved, showing progress in its turnaround program, despite past weak trends and high claims inflation. The company's focus on underwriting ...
Morningstar

Direct Line shares surge 42% on rejection of Aviva's $4.2 billion takeover offer

Direct Line's shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a GBP3.3 billion ($4.2 billion) bid from ...
Bloomberg L.P.

Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...
Morningstar

Direct Line's Competitive Position Is Steadying After Changing Conditions and Operational Headwinds

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days, the business became synonymous ...
Forbes

Direct Line Shares Soar 25%+ As Ageas Launches Takeover Bid

Motor insurance giant Direct Line Insurance Group surged on Wednesday as rival Ageas announced a cash-and-stock proposal to buy the FTSE 250 firm. At 204.8p per share, Direct Line’s share price was ...
Nasdaq

Aviva confirms non-binding proposal submitted to Direct Line

In a notice to the London Stock Exchange, Aviva plc (AVVIY) stated: “In response to press speculation, Aviva announces that on 19 November 2024, it submitted a non-binding proposal to the Board of ...
Nasdaq

Direct Line Insurance Announces Change in Major Shareholder Holdings

Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks! Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks Direct Line Insurance ( (GB:DLG)) has ...
Hosted on MSN

Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt

The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their ...
Law

Direct Line Hires GC Ahead of £3.7 Billion Aviva Deal

Riverbank House, Direct Line. Courtesy Photo. U.K. insurance company Direct Line has appointed its next general counsel, hiring from merchant banking group Close Brothers. Angela Yotov, Close Brothers ...
MarketWatch

Direct Line shares surge 42% on rejection of Aviva’s $4.2 billion takeover offer

Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...